Tianyu Digital Technology (Dalian) (002354.SZ)

P/B ratio as of November 2024 : 6.12

According to Tianyu Digital Technology (Dalian)'s latest financial reports the company has a price-to-book ratio of 5.58271.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Tianyu Digital Technology (Dalian) - P/B ratio (from 2010 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	5.96	123.74%
2022-12-31	2.66	-24.09%
2021-12-31	3.51	129.2%
2020-12-31	1.53	-51.45%
2019-12-31	3.15	52.27%
2018-12-31	2.07	23.87%
2017-12-31	1.67	-52.95%
2016-12-31	3.55	-35.8%
2015-12-31	5.54	-71.37%
2014-12-31	19.3	287.38%
2013-12-31	4.99	141.78%
2012-12-31	2.06	11.56%
2011-12-31	1.85	-56.84%
2010-12-31	4.29
2009-12-31	N/A

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Tianyu Digital Technology (Dalian) (002354.SZ) - P/B ratio